Broadcom CEO Hock Tan and Wife, Lisa Yang, Give MIT $27 Million (Gifts Roundup)
Plus, Baltimore Museum of Art, two hospitals and two universities landed big gifts.
By Maria Di Mento
Senior Editor
High-Tech Fundraising Event Allows Small Nonprofits to Join in Raising Money
MOVE Maryland invites nonprofits to share a virtual fundraiser platform for a day of live-streamed video fitness classes and activities.
By MICHAEL THEIS
Contributor
41 Percent of Congregations Have Seen Giving Drop Since Pandemic Began
The Lake Institute on Faith & Giving surveyed 555 U.S. congregations across religious denominations in July 2020 about how they fared in the early months of the pandemic and their plans for the coming year.
By Eden Stiffman
Senior Editor
Bank of America Awards $50 Million for Racial Equity in Economic Opportunity (Grants Roundup)
Also, the Alfred Landecker Foundation has given $13 million to the Hebrew University of Jerusalem for academic studies of the Holocaust, and the Fidelity Charitable Trustees’ Initiative awarded $12.7 million to help organizations serving nonprofits and donors navigate the pandemic and other challenges.
By M.J. Prest
Senior Editor, Solutions
Donors Have Now Filed 5 Class Action Lawsuits Against Blackbaud
Donors in California, Florida, and Minnesota have filed four more class-action lawsuits against the fundraising software company Blackbaud whose backup servers were compromised during a ransomware attack identified in May.
By Eden Stiffman
Senior Editor
With Safaris on Hold, a Conservation Nonprofit Restarts Small In-Person Events
For the last 20 years, the African Wildlife Foundation’s safari program has helped it connect with high-net-worth donors and prospective board members. With travel ground to a halt, the group is staying connected with supporters through virtual and small in-person events.
By Emily Haynes
Senior Editor
Billionaire Bernie Marcus Gives $20 Million for New Effort for Jewish Teens (Gifts Roundup)
Plus, Dana-Farber Cancer Institute received $5 million and four universities landed big gifts.
By Maria Di Mento
Senior Editor
Salvation Army Gets a Head Start on Red Kettle Campaign
The charity hopes the longer timeline will help make up for limited foot traffic past its signature red kettles and meet increased needs.
By Emily Haynes
Senior Editor
$208 Million Committed in Crisis Relief Campaign That Billionaires Started
A new effort urges increased giving by foundations, donor-advised fund account holders, and wealthy individuals, with a special focus on democracy and racial justice.
By dan.parks
Contributor
More Nonprofits Report Fundraising Increases Than Declines in New Survey — but There’s Trouble Ahead
Nearly 70 percent of organizations reported lower rates of giving compared to the previous year, and 54 percent said fewer new donors supported them, according to a survey conducted by Grenzebach, Glier and Associates.
By Eden Stiffman
Senior Editor
Senate Legislation Would Expand Charitable Deduction for People Who Don’t Itemize
The deduction, which would be in effect for the 2020 tax year only, would increase to $600 for individuals and $1,200 for couples, according to the Alliance for Charitable Reform.
By dan.parks
Contributor
Houston Symphony Turns to Fundraising to Help Make Up for Lost Ticket Sales
The orchestra is slowly letting audience members return to the concert hall to watch weekly livestream concerts in person. But the chief fundraiser worries the election might drown out the orchestra’s year-end fundraising drive.
By Eden Stiffman
Senior Editor
Mark Zuckerberg and Priscilla Chan Donate $300 Million for Voting Security (Gifts Roundup)
Plus, four universities and a prestigious art school landed big gifts.
By Maria Di Mento
Senior Editor
We Need Organized Philanthropy — Not Just Charity — to Create Real Change
This year will no doubt go down as a year of unparalleled change in how people live, work, and interact.
By Jamie Merisotis
Contributor
Joe and Clara Tsai Foundation Commits $50 Million for Social Justice (Grants Roundup)
Also, the Koret Foundation has granted $10 million to continue scholarships for underrepresented college students in the San Francisco Bay Area, and the Charles Stewart Mott Foundation is giving $1 million to neighborhood-revitalization projects in Flint, Mich.
By M.J. Prest
Senior Editor, Solutions
In the Pandemic, the Wealthiest Should Take a Cue From Small Foundations
Grant makers with $100 million or less in assets are giving on average 8 percent every year. If more billionaires did that or, better yet, followed through on the Giving Pledge and gave 50 percent of their wealth now, it would make a huge difference in solving the problems cause by the pandemic, climate change, and the struggle for racial justice.
By HENRY BERMAN
Contributor